| Cryptocurrency | Price (USDT) |
|---|---|
| BTC | $107230.1200000000 |
| ETH | $2434.9970000000 |
| BNB | $648.3897700000 |
| XRP | $2.1847390000 |
| ADA | $0.5635709000 |
| SOL | $150.7453000000 |
| DOGE | $N/A |
| DOT | $3.4152100000 |
| LTC | $86.2674000000 |
| LINK | $13.3166600000 |
Category: CRYPTO NEWS
The post Crypto Degens Search for Next ‘Ponzi Game’ After ‘Bigcoin’ Price Craters appeared on BitcoinEthereumNews.com. It’s nothing new for crypto games to be derided as “Ponzi schemes”—but some players are using the tag as a positive after a new crypto-earning game quickly surged and then cooled just as rapidly. And they’re looking for the next promising “Ponzi game” to jump into. Abstract-based crypto mining simulation game Bigcoin caught the attention of traders last week, with the token price rising as more and more players bought in and started earning crypto rewards. But after its token crashed 83% on Saturday, according to DEX Screener—and remains down substantially from last week’s peak—some players that enjoyed the wild Bigcoin ride are looking for the next potential “Ponzi” winner. Bigcoin has a fairly simple concept, where players buy in-game miners that earn them BIG tokens on Ethereum layer-2 network Abstract—akin to how real-world Bitcoin miners work. The goal is to constantly earn BIG, and then use the tokens to upgrade your in-game set up so you earn more. But many industry observers believed that the game purely works on “Ponzinomics,” with players only earning rewards due to new players flowing capital into the game. But that isn’t necessarily being seen as a bad thing. If anything, it’s what attracted so many players in such a short span of time. f*ck it, they got me new crypto ponzi game, called bigcoin ◘ buy miners that mine X amount of $BIG per day (miners are deflationary)◘ use $BIG to buy more miners, flex items, etc., future value?◘ farm abstract XP◘ it’s f*cking pixels lol i remember how cryptovalleys… pic.twitter.com/lkra5UhwzV — MINHxDYNASTY (@MINHxDYNASTY) April 11, 2025 “Ponzi games are the best games. Liquidity and attention has proven this for years at this point,” founder of crypto investment platform Nexus, Jonny, wrote on X. “Sad, but degenerate and fun at the same time.”…
2025-04-16T23:44:11+00:00
https://bitcoinethereumnews.com/crypto/crypto-degens-search-for-next-ponzi-game-after-bigcoin-price-craters/?utm_source=rss&utm_medium=rss&utm_campaign=crypto-degens-search-for-next-ponzi-game-after-bigcoin-price-craters